SodaStream pops, Apple up slightly, Nike on an upswing

SodaStream (SODA): PepsiCo announced that it is buying personal beverage making device company SodaStream for $3.2 billion in cash, or $144 per share. The deal comes as beverage and snack giant PepsiCo continues to seek ways to diversify its business away from sugary sodas.

Apple (APPL): Apple is cracking down on illegal content in China after it removed potentially thousands of apps related to gambling, including “lottery” services. The Wall Street Journal reports that the U.S. phone-maker purged as many as 25,000 apps.